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Mortgage Market Conditions Deteriorate

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04-14-2006, 10:13 PM

Veronica Corningstone Veronica Corningstone is offline

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Mortgage Market Conditions Deteriorate

The 30-year fixed-rate mortgage averaged 6.49% this week, climbing from a week ago to the highest level since July 12, 2002. Mortgage loan application volume decreased from the prior week, according to the Mortgage Bankers Association's application survey.

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